Excepted Benefit Health Reimbursement Arrangements
Fund non-medical insurance premiums and services for employees.
What is an Excepted Benefit Health Reimbursement Arrangement?
The Excepted Benefit Health Reimbursement Arrangement (EBHRA) allows employers annually to contribute up to $2,100 (2024) and $2,150 (2025) to reimburse an employee’s out-of-pocket non-medical healthcare expenses like copays, deductibles, Dental and Vision insurance, COBRA premiums, Long-Term Care, and more.
Employers: Why Offer an EBHRA?
Tax Savings
Compliance Support
Convenient, flexible platform with with advanced reporting. Create a compliant plan and engagement strategy customized for your needs.
Reduce business taxes and reallocate those dollars to a benefit that improves your employees' lives.
Custom Plan Designs
Employers can set up the EBHRA to reimburse employees up to $2,100 annually. Expenses may include insurance premiums for vision, dental, disability, short-term medical, accident, cancer, critical illness, hospital indemnity, and COBRA. Also, the EBHRA can reimburse eligible out-of-pocket expenses.
Employees: Why Enroll in an EBHRA?
Tax-Free Income
Pay for Eligible Expenses
Easily Spend & Manage Funds
With the ZyneraHealth virtual wallet and debit Mastercard®, employees can use their account to make eligible purchases online and at locations that accept Mastercard®.
Use funds to pay for qualifying healthcare expenses such as deductibles, coinsurance, copays, dental services, vision services, COBRA, voluntary benefits, and more.
Reimbursement dollars are employer-funded and not taxable to employees.
What Expenses Can I Reimburse With My EBHRA?
Modern Flexible Benefits
Contacts
ZyneraHealth is a third-party administrator, not a bank. Banking services are provided by Centennial Bank, Inc., member FDIC and subsidiary of Home BancShares, Inc. Your deposit balances held at Centennial Bank, Inc. are insured by the Federal Deposit Insurance Corporation (FDIC) for up to the legal limit (currently $250,000 for each category of legal ownership). Banking services associated with ZyneraHealth accounts are available only through Centennial Bank, Inc. The ZyneraHealth Debit Mastercard® is issued by DataPath Financial Services, Inc. pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted. Annual Percentage Yield (APY) accurate as of 1/4/2024. Minimum amount to open a ZyneraHealth HSA account is $1,000. An interest rate of 0.050% applies to entire balance. Interest rates may change after account is opened. Fees may reduce earnings.
Brokerage services provided by DataPath Investment Advisors, Inc. member FINRA/SIPC. DataPath Investment Advisors, Inc. is the firm that we use to custody our client investment assets. DataPath Investment Advisors, Inc. and ZyneraHealth are separate and unaffiliated firms, and are not responsible for each other’s services or policies. DataPath Investment Advisors, Inc. does not endorse or recommend any advisor and the use of the DataPath Investment Advisors, Inc. logo does not represent the endorsement or recommendation of any advisor.
